Shiba Inu’s History Shows Consistent June Drops: What Does it Mean for SHIB Prices?

June is shaping up to be a challenging month for Shiba Inu (SHIB), with the meme coin historically enduring losses in each of the past years. A deep dive into historical price data reveals that SHIB has never posted a positive return during this month, according to CryptoRank. Past June performance paints a grim picture: The year 2024 saw a steep -32.3% decline, while 2023 and 2022 experienced -11.5% and -12% drops, respectively. Even in the record-breaking 2021, when SHIB prices soared, June ended with a negative return of -4.75%. This trend is echoed throughout the quarter data as well, with Q2s often resulting in significant price corrections, particularly in 2022 and 2024. As of June 1st, 2025, SHIB has already experienced a notable -40% decline in the first quarter, with its initial five months all ending in red territory except April, which saw a modest +6.92% gain. May closed flat at -3.17%, and SHIB started June trading around $0.00001264 after slipping 1.33% today. The current price trajectory is further dampened by the lack of support above the $0.00001698 barrier after failing to hold it in late April. Analysts note that this is creating a challenging landscape for bulls as SHIB attempts to break through resistance. Is this simply coincidental, or does the history offer deeper insights? While price history doesn’t guarantee future outcomes, SHIB holders may want to exercise caution and remain vigilant of support levels as June continues to prove an obstacle.